Metaplanet Raises $5.4 Billion to Increase Bitcoin Target to 210,000

Metaplanet has raised $5.4 billion to acquire 210,000 Bitcoin by 2027, significantly increasing its target after nearing its initial goal of 10,000 BTC.

Key Details of the Fundraise

Metaplanet issued 555 million moving-strike warrants, the largest in Japanese capital markets history.
The proceeds will be directed towards additional Bitcoin purchases.
Since early 2025, the stock price has risen by 275%, with a 1619% increase over the past year.
The firm has raised $650 million over the last 60 trading days and achieved a 189% return on BTC yield.
Metaplanet now ranks among the top ten Bitcoin holders, surpassing Block Inc.

Future Plans

CEO Simon Gerovich announced plans to expand Bitcoin holdings to 100,000 BTC by the end of 2026 and 210,000 BTC by 2027. This would represent 1% of the total Bitcoin supply.

Following the announcement, Metaplanet's stock rose by 12% on Germany’s DEX index, with attention on US trading volumes expected later today.